The global automated machine learning market was valued at $346.2 million in 2020, and it is expected to grow at a CAGR of 45.6% during 2020–2030. The key factors responsible for the growth of the industry include the increasing demand for efficient fraud detection solutions, surging need for personalized product recommendations, and rising importance of predictive lead scoring.

The global automated machine learning market was valued at $346.2 million in 2020, and it is expected to grow at a CAGR of 45.6% during 2020–2030. The key factors responsible for the growth of the industry include the increasing demand for efficient fraud detection solutions, surging need for personalized product recommendations, and rising importance of predictive lead scoring.